Chelsea O'Shields, CPA’s Post

To add to Chelsea O'Shields, CPA list. - You know more and less then you think you do. You will for sure run into scenarios in which you feel like you’re completely lost, relax. You were hired for a reason, you’re smart and you will have time to show what you know in time. If you feel and act like you know everything, you don’t! You’re going to come back with your tail inbetween your legs if you act like you do and lose out on so many learning opportunities. Embrace being in the Tax Trenches and get ready to learn!

This was a great read on the growing popularity of Accounting roles among Gen Z. This is such an important role in every industry, so let's hope these changes lead to more students engaging with this role. #accounting #accountinginternship #socialimpact

Check out our latest blog post that provides essential strategies and considerations to help new graduates excel in their accounting careers; covering topics such as education, networking, gaining practical experience, continuous learning, and setting career goals. 👉 https://lnkd.in/edtZcr7d #accounting #careeraftercollege #postcollege

Accountancy Student Spotlight: Faith Bruce Hometown: San Antonio, TX Residence Hall: McGlinn Hall What inspired you to pursue a degree in accounting? I chose to study accounting because of the wide variety of career options and industry knowledge that an accounting background can offer. How has your perception of accounting evolved since starting college? Through my studies, I have gained a deep respect for the accounting profession because of its importance in keeping markets fair and transparent. Today, I feel that my love for accounting is not just a career aspiration, but also a vocation. What is your favorite class you've taken and why? I loved taking Data Analytics in Accounting with Laurel Mazur because of how the class broadened my understanding of various useful Excel tools for conducting effective audits, optimizing product mixes, understanding stock options, and evaluating the outcomes of different business decisions. This class inspired me to explore Data Analytics further as a concentration in the MSA so I can gain more expertise in this new, valuable area of accounting before entering the workforce. What did you like best about your summer internship? What was the most important takeaway from such an experience? This past summer, I was an intern for the Payroll Accounting department at H-E-B, a retail grocery chain popular in Texas. In this role, I was responsible for using tools in Excel to streamline the department's processes for conducting the Work Opportunity Tax Credit survey. My favorite part about this experience was working with my team to gain a better understanding of each person's strengths and how they could be best used to help employees at H-E-B. My strengths were my knowledge of Data tools and the way I empowered other members on my team to utilize them, which left me with the takeaway that I can add real value to a firm even with limited knowledge coming in, so long as I am on a team who helps each other along the way. This upcoming summer, I am excited to intern with EY San Antonio in their Assurance practice and learn about the world of public accounting from my future team. What advice do you have for other students aspiring to pursue a career in accounting? My advice for students interested in accounting is to always ask questions. Whether you are confused about a topic in class, or wanting to know more about the role of a Big 4 partner, I would highly encourage taking the initiative to raise any and every curiosity you have. Professionals in the accounting world love talking about what they do, and they will always make time to help you if you are willing to take the first step.

How to land your next accounting job or internship at a CAS practice! ⬇ Yesterday I explained what CAS (Cloud Accounting Services) is and how it is shaping the future of the accounting profession. Today I want to focus on how young accounting professionals can land jobs and internships at CAS firms! CAS firms are usually small and hard to find. Because CAS has only been around for 5-10 years, these firms do not have the reach that large public accounting firms have. Here are a few steps you can take to find CAS firms and land your next job at one. ➡ Network with CAS firm owners on LinkedIn and interact with their content. Examples --> Darkhorse CPAs, Summit Virtual CFO, and Hall CPA. ➡ Do as many informational interviews as you can! ➡ Engage with CAS creators on YouTube and on podcasts. Examples --> Blake Oliver, Jason Staats, Logan Graf, Erica Goode, and Yuri Kapilovich just to name a few! ➡ There is so much great accounting content out there! Consume as much of it as you can! Stay up to date on what the newest trends in the industry are. ➡ Get certified with the best cloud accounting software. Example --> TaxDome, Karbon, Relay, Gusto, Canopy, Ramp, Xero, QuickBooks Online, etc. ➡ Most platforms offer free trials. Get your certification done before the free trial is over. Most certifications do not take more than 5-8 hours. ➡ Get as much accounting experience as you can! Anything will help you be more marketable. Examples --> Small business bookkeeping, Tax return preparation, payroll, etc. All CAS firm owners are tech-savvy and are active on social media, so get out there, find them, and learn about all of the things they talk about! A new age of accounting is right around the corner, and it has everything to do with CAS! Students can start to be a part of it today! #accounting #cas #accountingstudents #cpa

FREE ARTICLE: Career advice for young accountants Historically, being an accountant often involved little personal agency — most young accountants followed the career path laid before them by their firm, and those paths looked much the same. But now with advancing technology propelling the profession forward, new service lines multiplying almost daily, and a labor shortage putting young talent in high demand, new career pathways and opportunities are opening. Read more at Accounting Today on how to navigate an accounting career. (Free to read until Friday, 10/11.) https://lnkd.in/ecWAmAKn #accounting

From Theory to Practice: My Transformative Internship at Value Focus Pvt. Ltd 1. Mastering Practical Accounting Skills: A Journey at Value Focus Pvt. Ltd. During my internship at Value Focus Pvt. Ltd., I immersed myself in the intricate world of accounting, gaining hands-on experience that bridged classroom theory with real-world application. From income tax filing to voucher management and auditing, every task contributed to my understanding of financial operations. The environment at Value Focus emphasized accuracy, compliance, and client-centric service, enhancing my proficiency in financial analysis and reporting. This experience has equipped me with invaluable skills essential for a successful career in accounting. 2. Navigating Audits and Ensuring Financial Integrity: Insights from Value Focus Pct. Ltd. At Value Focus Pvt. Ltd., I had the opportunity to delve into the critical role of audits in maintaining financial transparency and integrity. From planning and executing audits to reporting findings, every step underscored the importance of meticulous attention to detail and adherence to regulatory standards. This internship not only enhanced my audit skills but also deepened my understanding of how audits mitigate risks and ensure trustworthiness in financial reporting, preparing me for future challenges in the field of accounting. 3. Leveraging Technology in Accounting: My Experience at Value Focus Pvt. Ltd. During my internship at Value Focus Pvt. Ltd., I witnessed firsthand the transformative impact of technology on accounting practices. The firm's adoption of advanced accounting software and cloud-based solutions streamlined processes, enhanced data security, and facilitated real-time financial analysis. This experience highlighted the importance of embracing technological advancements in optimizing efficiency and delivering value-added services to clients. It reinforced my belief in the synergy between technology and traditional accounting practices to meet evolving industry demands. 4. Ethics and Professionalism in Accounting: Lessons Learned at Value Focus Pvt. Ltd. Ethical conduct and professionalism are paramount in accounting, and my internship at Value Focus Pvt. Ltd. emphasized their significance. Upholding principles of integrity, objectivity, and confidentiality guided every aspect of my work, from handling sensitive financial information to interacting with clients. The experience not only instilled a strong ethical foundation but also underscored the importance of maintaining trust and credibility in the accounting profession. These values will continue to shape my career path as I strive for excellence in every professional endeavor.

Accounting careers are in demand.

There are many adventures to be had by young #accountants as they begin their careers. We know as well as you that we are not simply number crunchers hunched over piles of files at our desks on the daily. We are much more than that and the #opportunities for personal and #professional growth in our, and any other firm, are many and varied. "Young accountants have never had so many options. Historically, being an accountant often involved little personal agency — most young accountants followed the career path laid before them by their firm, and that path looked much the same from firm to firm. But now with advancing technology propelling the profession forward, new service lines multiplying almost daily, and a labor shortage putting young talent in high demand, new career pathways and opportunities are opening." #paradigmshift #practicemanagement #cpa #cpajobs #accountingnews #professionaldevelopment

Discover how Wipfli supports future CPAs through the Experience, Learn, and Earn (ELE) program. 🔗 https://lnkd.in/dRWVc5nu #joinwipfli